Coinbase Smashes Wall Street Barrier: First Crypto Company Joins S&P 500 as COIN Jumps 10%

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2025-05-13 00:01:48

Coinbase Becomes First Crypto Firm in S&P 500, COIN Surges 10%

Wall Street’s old guard gets a digital wake-up call—Coinbase just became the first cryptocurrency exchange to crack the S&P 500. Traders responded by sending COIN shares soaring 10% in pre-market action.

The inclusion marks a symbolic victory for crypto’s institutional acceptance... though skeptics whisper it’s more about index funds blindly buying than actual conviction. Either way, the suits can’t ignore the blockchain brigade anymore.

Funny how traditional finance suddenly loves crypto at $70,000 BTC—where were these guys at $3,000?

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